Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022.

Coal miner is considering potential deals to acquire copper and manganese assets as part of its diversification strategy.

China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.

Deep sea mining is likely just a matter of time, according to the head of the International Seabed Authority.

A challenge is that seafloor mining immediately starts off at a reputational disadvantage.

The project was the first to be added to the US FAST-41 permitting process, and the company said it has the potential to be one of the world’s largest zinc producers.

The IEA's move comes as countries escalate efforts to cut emissions.